Reckoning Is Coming for US Treasuries, Says Gundlach
Bloomberg Television·2025-06-11 18:43
In the last of 15 years, there's been a number of corrections on the 500 and in every single one of them. When the S&P goes down more than 10%, the dollar index, the trade weighted dollar index goes up. This time.The dollar went down when the S&P 500 went down almost 20%. That's that's strange. Things are behaving differently.Usually when the Fed starts cutting interest rates, rates across the yield curve go down. The ten year Treasury almost always goes up immediately following the first Fed rate rate cut, ...